Worth Reading

Fed independence? Who needs it when Bernanke has political skills like these?

Elizabeth Warren defends the Consumer Protection Financial Agency.

The other walk-away phenomenon: Banks that refuse to reposses. 

Pension fund CalPERS lost 23.7% of its portfolio last year. 

U. of Chicago's Zingales wants debt-for-equity swaps to stimy foreclosures.

For the math nerds: The models that won the Netflix Prize.

--Zubin Jelveh